The subsidies that assist around 20 million Americans in affording health insurance could vanish next year, hinging on the upcoming election's outcome.
These subsidies were initially introduced as a temporary measure in 2021, later extended through the Inflation Reduction Act in 2022, drastically increasing Obamacare enrollment.
If these subsidies are not renewed, millions could lose coverage, with the Congressional Budget Office predicting 3.4 million people will lose insurance if subsidy rates drop.
The expiration of these subsidies raises important questions about health policy that neither presidential candidate seems willing to address, underscoring significant future implications.
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